Agenda item - Informing the External Audit risk assessment 2024/25

RESOLVED –

That the Audit, Standards, and General Purposes Committee:

1)       Note the audit risk assessment document.

2)       Indicates which (if any) additional matters it considers should be notified to the external auditor on the basis that they may also impact on the planned audit work and context for the financial year ending 31 March 2025.

8.1      The committee considered report Informing the Audit Risk Assessment 2024/25, the report sets out audit queries and the 51 management responses covering general enquires of management, fraud, laws and regulations, related parties, going concern and accounting estimates.

8.2      Councillors Guilmant and Meadows asked questions and contributed to the debate of the report.

8.3      RESOLVED –

That the Audit, Standards, and General Purposes Committee:

1)       Note the audit risk assessment document.

2)       Indicates which (if any) additional matters it considers should be notified to the external auditor on the basis that they may also impact on the planned audit work and context for the financial year ending 31 March 2025.